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|Articles - April 2013|
|Monday, April 01, 2013|
BY EMMA HALL
Oregon’s tax credits and other business incentives have attracted significant media attention recently, from Nike’s 30-year corporate tax agreement deal to allegations that SoloPower failed to deliver on job-creation promises despite landing $20 million in tax credits. The
Tim Duy Senior Director, Oregon Economic Forum
“You’re playing something of a game with incentives and business strategies — sometimes you’re going to win and sometimes you’ll lose. It’s a zero-sum game that plays states and cities against each other, shifting jobs from location A to location B. The reality is that there will always be a political force pushing for business development incentives, so the real issue is how to structure those incentives in such a way to maximize our benefits and minimize our risks as a community.”
Chuck Sheketoff Executive Director, Oregon Center for Public Policy
“Business tax incentives don’t create jobs. They siphon money from what really creates a favorable business climate: strong public structures and a strong middle class. Taxes are at best a minor factor in investment decisions. Customer location, an educated and skilled workforce, quality public infrastructure — these are what really matter. Sure, some corporations will gladly take and even extort state tax subsidies for actions they were going to do anyway. Rather than subsidize profitable corporations, we should invest in top-notch education, health care, infrastructure and workforce training systems that will strengthen Oregon’s economy.”
Rachel Shimshak Executive Director, Renewable Northwest Project
“Incentives create jobs in partnership with other policies, like the renewable energy standard and the Energy Trust of Oregon. On the federal level, every energy resource benefits from tax policy. But renewables face market barriers, as some of the benefits associated with them — good for the environment, no carbon output — aren’t reflected in the cost, and there’s no way to quantify them. So we turn to policy to reduce the impact of these market barriers. The investments have created jobs, but they’ve also created a long-term benefit for the state by helping support local communities.”
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, June 26, 2014
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.